Mark and Julie Bacon have had fantastic family holidays in Florida, but a recent property investment there has made them even bigger fans of the Sunshine State. They got the keys to their hotel-style apartment, or condo, in Orlando in September. Straight away they entered it into the on-site rental scheme and already are seeing a 7% return.
You’ve got your visa, you’ve put down your house deposit, your papers are all in order, but there’s just one more thing left to organise: getting your possessions over. When you’re heading off to the other side of the Atlantic, you’ll need a bit more than a man with a van – so what’s the best way to organise a long-haul removal?
The start of the year’s a time for reflection. Are you living the life you want to live? Or do you have a nagging feeling you’d prefer life overseas? Moving to the US is a big leap, but is very rewarding. Unlike in some places, many Brits move to here on their own, for work or just for a change. So how is it moving to the USA as a single person?
The US property market in 2019 looks to continue the trend for high prices, with asking prices almost 50% higher than ten years ago – but if you know where to look, and just as importantly, what type of property to look for, you’ll be able to find bargains (and it’s all thanks to lower sales volumes – we’ll show you where).
As spending tens or hundreds of thousands of pounds is a huge decision, it should not be taken lightly. You need to assess your financial situation carefully at the outset. How much money can you comfortably use from your savings, the sale or re-mortgage of your UK property or other sources to finance your USA property? When doing these initial sums, investigate and factor in buying costs, maintenance and living costs and any other unexpected costs that could pop up along the way.